Brevan Howard Adds Morgan Stanley Trader And May Get Another

Jun 3 2008 | 2:00am ET

A Morgan Stanley proprietary trader has joined Brevan Howard Asset Management, and the London-based hedge fund is in talks with his boss.

Shikhar Ranjan has already agreed to join the US$21 billion firm, TheStreet.com reports. He, his boss Mike Pohly and colleague Jared Epstein have left Morgan Stanley, reportedly among 1,500 layoffs firm-wide layoffs. Pohly is now in discussions about joining Brevan Howard, but no agreement has yet been struck, TheStreet says.

Pohly’s group is not thought to be responsible for the billions in losses that Morgan prop desks have suffered recently.


In Depth

Q&A: Rotation Capital's Rothfleisch On SPAC 2.0

Aug 11 2017 | 7:43pm ET

Corporate actions have long been a staple of event-driven investors, but activity...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Star Mountain: Private Lending in the Lower Middle-Market

Aug 14 2017 | 4:45pm ET

Private credit has become one of the most popular alternative asset classes in recent...

 

From the current issue of